Creative Solutions. Superior Service.
WHAT WE DO
How to Start a Nonprofit
Before filling any paperwork or starting fundraising it is important to evaluate whether you should start a nonprofit or if another option is better for your situation. We can help you review all the options and determine which is best for your specific goals. If you decide a nonprofit is the right option there a number of organizational documents that have to be filed with the state and the IRS as well as some documents that are important, but should not be filed. Call us today and we can help you through the maze of paperwork and get your nonprofit started on the right foot.
Tax Exempt Status
Applying for tax exempt status can be tricky. There are various forms which get filed with several different government agencies and at different times. Then once you gain nonprofit status it can also be tricky to maintain it. Since 2011 the IRS has revoked more than 500,000 nonprofits’ tax exempt status for failure to file the right forms. It is important that a nonprofit have an advisor that is familiar with the processes and common pitfalls of the legal and tax environment.
Board Assistance & Training
Nonprofit boards play several important functions: legal compliance, organizational leadership, fundraising, and vision. But what are their legal duties? How does a board translate their visions and passion into action? New boards often need training while existing boards require ongoing support. We provide both training and continued support as boards seek to satisfy their legal duties and practical tasks.
A mission is a nonprofit’s driving force, but fundraising is the lifeblood of nonprofit success. We can help you with issues around fundraising such as tax compliance, legal compliance, fundraising strategies and defining your fundraising plan, crown sourcing, and working with professional fundraisers.
The Business of Running
a Nonprofit Organization
In some ways nonprofits have the same needs as a for profit business. They have employees; they utilize contracts; they have intellectual property needs. But nonprofits are different from for profit organizations in some very important ways. Nonprofits are mission driven and often live or die with volunteer work. Nonprofits rely on collaborative management, and the need to raise money in order to accomplish their vision. When serving nonprofits we modify our services so that they fit the unique needs of each individual nonprofit.
Nothing contained on this website is to be considered as the rendering of legal, medical or financial advice for specific cases; Visitors, readers, and users are responsible for obtaining such advice from their own legal or financial counsel. This website and any information herein is intended for informational purposes only.
ABOUT NOVATION LAW
Novation: to substitute something old with something new; innovation.
Novation Law is a law firm with attorneys who are committed to improving the way law is practiced. All attorneys are required to limited their practice areas to one or two areas of law so that there are better able to master the nuances and understand the complexities.